vs
ASTRONICS CORP（ATRO）与First Watch Restaurant Group, Inc.（FWRG）财务数据对比。点击上方公司名可切换其他公司
First Watch Restaurant Group, Inc.的季度营收约是ASTRONICS CORP的1.3倍（$316.4M vs $240.1M），First Watch Restaurant Group, Inc.同比增速更快（20.2% vs 15.1%），ASTRONICS CORP自由现金流更多（$15.8M vs $-18.3M），过去两年First Watch Restaurant Group, Inc.的营收复合增速更高（14.2% vs 13.9%）
Astronics Corporation是一家成立于1968年的美国航空航天电子企业，总部位于纽约州东奥罗拉，在纳斯达克上市，股票代码为ATRO。该公司专注于军用、商用及公务机的照明与电子系统集成业务，同时还提供半导体测试系统，在相关领域拥有较高知名度。
该企业原信息存在公司混淆错误，实际First Watch Restaurant Group是美国餐饮集团，主打鲜制早餐、早午餐与午餐，在美国多个州运营自营与特许加盟餐厅，聚焦日间休闲餐饮市场，为消费者提供新鲜健康的美式餐食选择。
ATRO vs FWRG — 直观对比
营收规模更大
FWRG
是对方的1.3倍
$240.1M
营收增速更快
FWRG
高出5.0%
15.1%
自由现金流更多
ATRO
多$34.1M
$-18.3M
两年增速更快
FWRG
近两年复合增速
13.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $240.1M | $316.4M |
| 净利润 | — | — |
| 毛利率 | 33.3% | — |
| 营业利润率 | 14.8% | 2.9% |
| 净利率 | — | — |
| 营收同比 | 15.1% | 20.2% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $0.82 | $0.24 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ATROFWRG
| Q4 25 | $240.1M | $316.4M | ||
| Q3 25 | $211.4M | $316.0M | ||
| Q2 25 | $204.7M | $307.9M | ||
| Q1 25 | $205.9M | $282.2M | ||
| Q4 24 | $208.5M | $263.3M | ||
| Q3 24 | $203.7M | $251.6M | ||
| Q2 24 | $198.1M | $258.6M | ||
| Q1 24 | $185.1M | $242.4M |
净利润ATROFWRG
| Q4 25 | — | — | ||
| Q3 25 | $-11.1M | $3.0M | ||
| Q2 25 | $1.3M | $2.1M | ||
| Q1 25 | $9.5M | $-829.0K | ||
| Q4 24 | — | — | ||
| Q3 24 | $-11.7M | $2.1M | ||
| Q2 24 | $1.5M | $8.9M | ||
| Q1 24 | $-3.2M | $7.2M |
毛利率ATROFWRG
| Q4 25 | 33.3% | — | ||
| Q3 25 | 30.5% | — | ||
| Q2 25 | 25.8% | — | ||
| Q1 25 | 29.5% | — | ||
| Q4 24 | 29.8% | — | ||
| Q3 24 | 27.1% | — | ||
| Q2 24 | 28.0% | — | ||
| Q1 24 | 25.7% | — |
营业利润率ATROFWRG
| Q4 25 | 14.8% | 2.9% | ||
| Q3 25 | 10.9% | 3.2% | ||
| Q2 25 | 2.3% | 2.4% | ||
| Q1 25 | 6.4% | 0.4% | ||
| Q4 24 | 4.3% | 1.5% | ||
| Q3 24 | 4.1% | 2.5% | ||
| Q2 24 | 3.8% | 6.4% | ||
| Q1 24 | 0.9% | 5.1% |
净利率ATROFWRG
| Q4 25 | — | — | ||
| Q3 25 | -5.2% | 0.9% | ||
| Q2 25 | 0.6% | 0.7% | ||
| Q1 25 | 4.6% | -0.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | -5.8% | 0.8% | ||
| Q2 24 | 0.8% | 3.4% | ||
| Q1 24 | -1.7% | 3.0% |
每股收益（稀释后）ATROFWRG
| Q4 25 | $0.82 | $0.24 | ||
| Q3 25 | $-0.31 | $0.05 | ||
| Q2 25 | $0.04 | $0.03 | ||
| Q1 25 | $0.26 | $-0.01 | ||
| Q4 24 | $-0.07 | $0.01 | ||
| Q3 24 | $-0.34 | $0.03 | ||
| Q2 24 | $0.04 | $0.14 | ||
| Q1 24 | $-0.09 | $0.12 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $18.2M | $21.2M |
| 总债务越低越好 | — | $269.1M |
| 股东权益账面价值 | $140.1M | $626.3M |
| 总资产 | $706.7M | $1.7B |
| 负债/权益比越低杠杆越低 | — | 0.43× |
8季度趋势，按日历期对齐
现金及短期投资ATROFWRG
| Q4 25 | $18.2M | $21.2M | ||
| Q3 25 | $13.5M | $20.7M | ||
| Q2 25 | $13.5M | $19.2M | ||
| Q1 25 | $24.8M | $18.6M | ||
| Q4 24 | $9.3M | $33.3M | ||
| Q3 24 | $5.2M | $51.1M | ||
| Q2 24 | $2.9M | $45.1M | ||
| Q1 24 | $5.3M | $43.2M |
总债务ATROFWRG
| Q4 25 | — | $269.1M | ||
| Q3 25 | — | $251.0M | ||
| Q2 25 | — | $250.0M | ||
| Q1 25 | — | $191.5M | ||
| Q4 24 | — | $189.0M | ||
| Q3 24 | — | $189.7M | ||
| Q2 24 | — | $192.1M | ||
| Q1 24 | — | $122.7M |
股东权益ATROFWRG
| Q4 25 | $140.1M | $626.3M | ||
| Q3 25 | $108.9M | $607.3M | ||
| Q2 25 | $271.6M | $601.3M | ||
| Q1 25 | $266.8M | $596.3M | ||
| Q4 24 | $256.1M | $595.4M | ||
| Q3 24 | $249.2M | $589.1M | ||
| Q2 24 | $257.9M | $585.8M | ||
| Q1 24 | $251.7M | $574.4M |
总资产ATROFWRG
| Q4 25 | $706.7M | $1.7B | ||
| Q3 25 | $682.2M | $1.7B | ||
| Q2 25 | $646.7M | $1.7B | ||
| Q1 25 | $662.2M | $1.5B | ||
| Q4 24 | $648.8M | $1.5B | ||
| Q3 24 | $651.6M | $1.5B | ||
| Q2 24 | $644.9M | $1.4B | ||
| Q1 24 | $630.0M | $1.3B |
负债/权益比ATROFWRG
| Q4 25 | — | 0.43× | ||
| Q3 25 | — | 0.41× | ||
| Q2 25 | — | 0.42× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | 0.32× | ||
| Q2 24 | — | 0.33× | ||
| Q1 24 | — | 0.21× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $27.6M | $18.5M |
| 自由现金流经营现金流 - 资本支出 | $15.8M | $-18.3M |
| 自由现金流率自由现金流/营收 | 6.6% | -5.8% |
| 资本支出强度资本支出/营收 | 4.9% | 11.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $43.1M | $-31.0M |
8季度趋势，按日历期对齐
经营现金流ATROFWRG
| Q4 25 | $27.6M | $18.5M | ||
| Q3 25 | $34.2M | $47.9M | ||
| Q2 25 | $-7.6M | $39.4M | ||
| Q1 25 | $20.6M | $20.1M | ||
| Q4 24 | $26.4M | $22.9M | ||
| Q3 24 | $8.4M | $35.9M | ||
| Q2 24 | $-6.3M | $31.9M | ||
| Q1 24 | $2.0M | $25.0M |
自由现金流ATROFWRG
| Q4 25 | $15.8M | $-18.3M | ||
| Q3 25 | $21.0M | $5.5M | ||
| Q2 25 | $-12.2M | $-1.7M | ||
| Q1 25 | $18.5M | $-16.4M | ||
| Q4 24 | $23.2M | $-17.7M | ||
| Q3 24 | $6.5M | $6.8M | ||
| Q2 24 | $-8.1M | $2.3M | ||
| Q1 24 | $439.0K | $-3.6M |
自由现金流率ATROFWRG
| Q4 25 | 6.6% | -5.8% | ||
| Q3 25 | 9.9% | 1.7% | ||
| Q2 25 | -6.0% | -0.5% | ||
| Q1 25 | 9.0% | -5.8% | ||
| Q4 24 | 11.1% | -6.7% | ||
| Q3 24 | 3.2% | 2.7% | ||
| Q2 24 | -4.1% | 0.9% | ||
| Q1 24 | 0.2% | -1.5% |
资本支出强度ATROFWRG
| Q4 25 | 4.9% | 11.6% | ||
| Q3 25 | 6.2% | 13.4% | ||
| Q2 25 | 2.2% | 13.4% | ||
| Q1 25 | 1.0% | 13.0% | ||
| Q4 24 | 1.5% | 15.4% | ||
| Q3 24 | 0.9% | 11.6% | ||
| Q2 24 | 0.9% | 11.5% | ||
| Q1 24 | 0.9% | 11.8% |
现金转化率ATROFWRG
| Q4 25 | — | — | ||
| Q3 25 | — | 16.01× | ||
| Q2 25 | -5.81× | 18.72× | ||
| Q1 25 | 2.17× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 16.98× | ||
| Q2 24 | -4.08× | 3.59× | ||
| Q1 24 | — | 3.46× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ATRO
| Product Line Electrical Power And Motion | $113.8M | 47% |
| Product Line Avionics | $32.0M | 13% |
| Military Aircraft | $28.0M | 12% |
| General Aviation | $22.3M | 9% |
| Government And Defense | $20.5M | 9% |
| Product Line Systems Certification | $13.2M | 6% |
| Product Line Structures | $3.7M | 2% |
| Product Line Other | $2.3M | 1% |
FWRG
| In Restaurant Dining Sales | $254.1M | 80% |
| Third Party Delivery Sales | $38.6M | 12% |
| Take Out Sales | $21.3M | 7% |
| Royalty And System Fund Contributions | $2.3M | 1% |
